Is this Nestle Health part of the listed company or separate structure out of the listed company like Abbott Labs ??
On their website it mentioned as Nestle India and address is also same. On Amazon also packer and manufacturer is mentioned a Nestle India.
Also, I could read Nestle India Ltd on one of the packs. Amazing range of health products.
Amazing range of lifestyle and health products from a trusted brand. They will dominate OTC.
They have leveraged their multiple global health brands to launch Nestle Resource in India.
“Narayanan said Nestle’s health science portfolio will be contributing 2-5 percent of the business in the next 3-5 years.”
Nestle India has been a fair MNC unlike Pharma MNCs or Cummins.
Only their pet food was independent initially as it was loss making but merged with Nestle India now.
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Always treated it as a R&D expense, But having said that, how shall we see this staggered increase over 5 years!!?.. shall we see it as a confidence of Board and parent that next five years will be more profitable than past??? Or its just excessive milking of the cash cow subsidiary!!!
Good quarterly result from Nestle.
2 major announcements - on Nespresso and JV with Dr Reddys
Source - https://www.bseindia.com/xml-data/corpfiling/AttachLive/81fa5ed5-b9a2-4797-97c9-7d1c4fac5afc.pdf
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